The U.S. Office of Personnel Management (OPM) recently published an updated SF 3102, Designation of Beneficiary, with a revision date of October 2022. The updated SF 3102 is to be used by employees and retirees covered under both the Civil Service Retirement System (CSRS) and Federal Employees Retirement System (FERS). All employees, retiring employees, and retirees […]
It’s natural to wonder exactly how a bank safeguards your money. Fortunately, the Federal Deposit Insurance Corporation (FDIC) insurance exists for this very reason: to help protect your funds once deposited. Read on to explore the purpose of FDIC insurance, how it works, and what it covers. WHAT IS FDIC INSURANCE? The FDIC is an […]
Use of weak and/or repetitive passwords is a common problem in government, according to a report by a cybersecurity firm that is the latest caution about vulnerabilities in that line of defense against hacking. The report by the Ivanti firm, based on survey data, shows that U.S. federal employees are generally more alert to cyber […]
These are three important lessons federal employees should learn about saving in the TSP to help plan for a successful retirement. In my life, I have been blessed to be a part of three great, meaningful endeavors. They are, in order: my family, my career serving Feds, and playing college football. In my work every […]
To answer a couple of readers’ questions: No, your Thrift Savings Plan accounts are not insured. Neither by the Federal Deposit Insurance Corporation nor anyone else. Maybe the G Fund. It consists of U.S. Treasury bonds, so they’re backed by the faith and credit of the government. TSP plan holders surely know the importance of […]